Anant Raj (Daily Timeframe) - Potential BreakOut candidate ??

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Following a downtrend that began in January 2025, Anant Raj has been in a sideways consolidation phase since May 2025. After several failed breakout attempts from this range, the stock demonstrated significant buying interest today, surging +10.53% on substantial volume.

While this move is positive, a cautious approach is recommended as the short-term Exponential Moving Averages (EMAs) have not yet registered a bullish positive crossover. The price action in the coming sessions will be critical for confirmation.

A sustained breakout above the consolidation channel could pave the way for further upside, with a potential short-term target of ₹667.

Penafian

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